Edwina on Your Strata Property

Our Head of Growth and Partnerships, Edwina Feilen, recently joined Amanda Farmer on the Your Strata Property podcast (Episode 470) to discuss the current state of the strata insurance market.

In this episode, Edwina applies her "360-degree" perspective, drawing on her

background in claims and her time on strata committees, to explain the current

"soft market" advantage. She details how we are currently seeing increased

insurer appetite and competition, leading to lower premiums and more

customization options. However, she warns that insurance is cyclical; owners

should use this favorable period to budget for risk profiling and bring their

valuations up to date before the market inevitably hardens again.

The conversation dives into the critical importance of pre-loss risk profiling,

specifically bridging the gap between market value and replacement cost to avoid

underinsurance . She also breaks down why proactive steps, like regular thermal

scans and updated risk surveys, are essential for securing coverage.

It is a great listen that really showcases the value of the "pre-loss" philosophy we

champion.

Watch the sneak-peak here.

Listen to the full episode here.